Ethereum (ETHUSD) Technical Analysis: Bearish trend

Ethereum (ETHUSD) Technical Analysis: Ethereum today is at 3427 and trading appears in a downward trend, as the price of the digital currency is trading below most of the intersections of the Moving Average indicators, and as for the MACD indicator, it indicates a negative trend.

Accordingly, the selling process can be carried out from the decline to the price of 3388 to target the 3338 area and stop the loss at 3489.

Ethereum (ETHUSD) Technical Analysis: On the other hand

On the other hand, if the 3489 buy zone is broken, the price may head to the 3523 zone.


Ethereum (ETHUSD) Technical Analysis: Resistance and Support Levels

  • Second resistance: 3442.01
  • First resistance: 3433
  • Pivot level: 3419
  • First support: 3409.99
  • Second support: 3395.99
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